AK Steel Announces February Surcharges

 

Middletown, OH, January 14, 2005—AK Steel (NYSE: AKS) has advised its flat-rolled carbon steel customers that a $196 per ton surcharge will be added to invoices for products shipped in February 2005, a decrease of $9 from January’s surcharge of $205 per ton.   AK Steel has also advised its electrical steel customers that a $410 per ton surcharge will be added to invoices for electrical steel products shipped in February 2005, an increase of $10 from the January surcharge of $400 per ton for those products.   February surcharges for the broad range of stainless steel products that AK Steel produces can be found on the company’s web site at www.aksteel.com.

AK Steel’s surcharges are based on reported prices for raw materials and energy used to manufacture the products, with the December 2004 purchase cost used to determine the February 2005 surcharges. 

Headquartered in Middletown, Ohio, AK Steel produces flat-rolled carbon, stainless and electrical steel products, as well as carbon and stainless tubular steel products, for automotive, appliance, construction and manufacturing markets.